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OTTAWA, May 5 (Xinhua) -- Larry O'Brien, Mayor of Canada's capital city of Ottawa, said that the achievement of his trip to China had exceeded his expectation, and the cooperation between China and Canada had a broad prospects.In an exclusive interview with Xinhua in his office in Ottawa after a journey to China accompanied by a business mission during April 6 to 16, O'Brien said that the trip, which was the first foreign mission since he took office as a Mayor of Ottawa in 2006, was productive and delighting.O'Brien visited Beijing, Chongqing, Shenzhen and Hong Kong during his trip in China, signing a Memorandum of Understanding ( MOU) on continuing cooperation between Ottawa and Beijing, and attending the signing ceremony of the Cooperation Agreement between Ocri and Beijing Investment Promotion Bureau.In the meantime, Ottawa Tourism and Beijing Badaling special zone's office signed MOU of Cooperation between Badaling Great Wall in Beijing and the Rideau Canal in Ottawa. And Canada's Plasco Energy Group Inc. and Beijing Environmental Sanitation Engineering Group Co (BESG) also signed a MOU to establish facilities in Beijing to convert waste to clean energy.O'Brien noted that Plasco's signing MOU with BESG exceeded his expectation, and he was impressed by the quick research speed and by their ability to sign the document during this visit. He said it was "a present and a surprise," and "a good achievement for our trip.""It underscores the importance of having government and industry working together, to create a better bond between the city of Beijing and the city of Ottawa," he added.Talking about the MOU in tourism, O'Brien said: "Rideau Canal in Ottawa, which is built in 1826-1832, is really worthwell. ( Tourists coming here) will feel the warmth of 900,000 warm Canadian hearts, warm Ottawa hearts. We are going to promote the Great Wall as well, which I had the honor and distinguish pleasure to go and visit this time."He also said that China had set Canada, where has a lot of places worth to see besides Ottawa, such as the mountains, the west coast, and the sea villages on the east coast, as the destination for tourists. "I am hoping that more Chinese to take this opportunity to move over to see how we live in Canada."In Shenzhen, O'Brien visited Huawei Technologies' research and development plant, welcoming it to invest in Ottawa. "Ottawa is a good place to do business. We have wonderfully clean and safe environment, with half of our population received college education or greater. Huawei has 70 to 80 people in Ottawa now, and expect to increase to 250 in three years," he said. And he also warmly welcomed other Chinese companies to establish research and development facilities in Ottawa."Due to the warm of the reception and the success we enjoyed during the trip, vast majority of our counselors and the citizens of Ottawa were very happy (with the achievement), and gave very positive comments on it," he said.He also said: "I think everybody on this trip had their eyes opened on the size of the market in China, found the opportunities to follow up, and the pace of being able to capture market opportunities.""In order to create trade and opportunities, you must have communications and trusts. Every long and wonderful journey starts with a single step. I would like to encourage our clean technique companies to begin this step," he added.O'Brien believed that the entire developing world was one third of the world economy 15 years ago. And now, Asia is half of the world economy, and will be 65 percent of that after 10 to 15 years. "We hope to participate in its economic development, especially to play a role in supporting the market growth in both China and India.""Fast forward to 2010, this is a brand new China. I am confident that there will be more mutually beneficial business arrangements. Already China has invested 10 billion U. S. dollars in the last 18 months in Canada in oil and minerals. I perceive this as the beginning of another series of cross fertilizations between our economies, and between our cultures. And I came away from the trip with great optimism for the future," he concluded.
BEIJING, June 5 - Environmental protection is about choosing the right path for economic growth and the right consumption model, beyond pollution control, environment minister Zhou Shengxian said on Friday."We have not successfully put the brakes on severe pollution - a result of the country's vulnerable ecosystems, large population, extensive economic growth that relies heavily on resource consumption and unsound environmental supervision systems," said Zhou at a ceremony to mark World Environment Day, which falls on Saturday.The country needs to step up its green economic policies to facilitate the shift to a "highly effective and low-emission" growth mode, Zhou said.To that effect, the Ministry of Environmental Protection will continue to promote the reform of energy use and pricing to reflect market demand and supply, resource shortages and environmental prices, he said.A tax system that encourages energy saving and environmental protection will be established, and the existing environmental economic policy tools, such as green security, green purchase and green trade, will be improved, Zhou said.Encouraging a green lifestyle has also been highlighted as a crucial measure to curb excessive consumption and reduce emissions.Consumption choices, such as preferences for smaller cars and energy-efficient appliances, could have deep impact on green production, analysts have said.Faced with mounting challenges to fight the country's environmental problems, Zhou was particularly concerned that with the strong economic rebound, emissions may rise again as production capacity expands.

BEIJING, May 2 (Xinhua) -- The People's Bank of China (PBOC), the central bank, announced Sunday it will raise the deposit reserve requirement ratio (RRR) for most financial institutions for the third time this year amid growing concerns of asset bubbles and economic overheating.The bank said in a statement on its website that it would raise the deposit reserve requirement ratio (RRR) for financial institutions by half a percentage point from May 10.The ratio for the rural credit cooperatives and rural banks would remain unchanged at 13.5 percent, said the PBOC.However, the RRR for other small financial institutions would rise to 14 percent, and that for large financial institutions to 17 percent.This is the third rise in the deposit ratio this year. On Jan. 12 and Feb. 17, the central bank raised the deposit ratio by half a percentage point each time.The move indicated the government was taking further steps to tighten monetary policy in response to concerns of overheating and asset bubbles, said Liu Yihui, an expert with the Financial Research Center of the Chinese Academy of Social Sciences (CASS).The PBOC has cut the bank reserve requirement ratio four times during the second half of 2008 to stimulate growth, as the global financial crisis started to weigh on the economy.The country posted a better-than-expected 11.9 percent year-on-year economic growth in the first quarter, but the government was cautious and had repeatedly warned that the economic conditions this year were "very complicated."China's consumer price index (CPI), the main gauge of inflation, saw a rise of 2.4 percent year on year in March, nearing the ceiling of 3 percent inflation this year that the government has set at the annual parliamentary session that month."There is an obvious tendency of overheating," Liu said.
BEIJING, April 7 (Xinhua) -- The Chinese government said Wednesday it will continue to develop the country's western regions with a focus on improving people's well-being.The government will resolutely push forward the development of the west strategy, which was initiated ten years ago and has facilitated historic social and economic progress in the region, according to a statement released after a executive meeting of the State Council on Wednesday chaired by Premier Wen Jiabao.More efforts will be made to improve education, health services, job creation, social security, as well as cultural and sports development, to promote equal social services, the statement said.Infrastructure construction will be given priority, with the building of hydro-power stations to relieve water shortages in the region, it said.The government also called for sustainable development through a recycling and energy-saving industries and for all projects to meet ecological protection standards.The government's consistent efforts to develop the western regions have helped bridge the region's gap with the better-off coastal areas in eastern China.Figures released by the National Bureau of Statistics showed the industrial added-value for the central and western provinces grew by 17 percent in 2008, 6 percentage points more than the eastern areas.
BOAO, Hainan, April 10 (Xinhua) -- The Boao Forum for Asia (BFA) Annual Conference 2010 officially opened Saturday morning in Boao in south China's Hainan Province, with a focus on Asia's sustainable recovery from the economic downturn.Chinese Vice President Xi Jinping attends the opening ceremony and will soon deliver a keynote speech.Long Yongtu, BFA's secretary-general, said the world economy still faces huge challenges despite strong signs of recovery. Delegates attend the opening plenary of Boao Forum for Asia(BFA)Annual Conference 2010 in Boao,a scenic town in south China's Hainan Province,April 10 0,2010.The BFA Annual Conference 2010 with the theme"Green Recovery:Asia's Realistic Choice for Sustainable Growth h"officially opened here Saturday.The biggest challenge is to ensure quality, efficient and green growth rather than to have only strong economic data, Long said at the opening ceremony.Fidel Ramos, former Filipino president and chairman of BFA's board of directors, said all Asian nations should explore different ways on the way to recovery to ensure sustainable growth.
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